What Key Factors Do Prosecutors Consider When Deciding Whether or Not

question 15

Multiple Choice

What key factors do prosecutors consider when deciding whether or not to prosecute white-collar crimes?

• A) strong defense attorneys with expertise in white-collar crime
• B) resource issues such as time, funds, and staff necessary to prosecute
• C) overload of traditional criminal cases
• D) a belief that most white-collar crimes are not important

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Definitions:

Opportunity Costs

The cost of forgoing the next best alternative when making a decision, representing the benefits one misses out on when choosing one option over another.

Loss Aversion

Oversensitivity to loss, leading to an unwillingness to recognize a loss and move on.

Mental Accounting

The habit of mentally assigning dollars to different accounts so that some dollars are worth more than others.

Overconfidence

The phenomenon where an individual's subjective confidence in their judgments is reliably greater than their objective accuracy.